Climate Change Data

Halliburton

Climate Impact & Sustainability Data (2018, 2023-01 to 2023-03)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:1,382,496 tCO2e/year
Scope 1 Emissions:1,037,876 tCO2e/year
Scope 2 Emissions:271,233 tCO2e/year
Scope 3 Emissions:73,388 tCO2e/year
Total Energy Consumption:16,945,595 thousand GJ/year
Water Consumption:2,646,230 thousand m3/year
Waste Generated:209,447 metric tonnes/year
Carbon Intensity:58 metric tons CO2e per million U.S. dollars revenue

ESG Focus Areas

  • Health, safety and environment (HSE)
  • Service quality (SQ)
  • Corporate governance and business ethics (including human rights)
  • Economic performance
  • Supply chain sustainability
  • Diversity and inclusion
  • Community engagement
  • Energy and greenhouse gases
  • Environmental stewardship (including climate change)

Environmental Achievements

  • Halliburton surface equipment is among the cleanest available, comprising the largest fleet of Tier 4-compliant diesel engines in the U.S. and Gulf of Mexico.
  • Developed new chemistries and separation technologies enabling flowback water recycling, reducing fresh water usage in hydraulic fracturing.
  • Eliminated the need to operate a Part B Hazardous Waste Treatment, Storage and Disposal Facility for the first time since 2001, resulting in avoided costs of over $5 million annually.
  • BaraOmni hybrid separation system won the 2018 World Oil Award for Best Health, Safety, Environment/Sustainable Development-Onshore, reducing energy consumption by 42% compared to conventional thermal treatment.

Social Achievements

  • Increased female candidacies for key operational roles by 48%.
  • Overall company female professional hiring rate of 23% in 2018.
  • Halliburton Foundation contributed $1 million to U.S.-based schools and higher education institutions.
  • Halliburton corporate philanthropy, including in-kind donations and employee giving, totaled over $1.9 billion in 2018.
  • Enhanced collaboration among Employee Resource Groups (ERGs).

Governance Achievements

  • Developed a Human Rights Policy Statement.
  • Global Ethics and Compliance addressed 669 reports in 2018.
  • 40,834 Halliburton employees received Code of Business Conduct training in 2018.
  • 100% of potential suppliers undergo a risk-evaluation process during onboarding.

Climate Goals & Targets

Environmental Challenges

  • Takeaway capacity limitations, customer budget constraints, and a sharp decline in commodity prices curbed completions activity in the second half of 2018 in North America.
Mitigation Strategies
  • Halliburton is well-prepared to deliver superior returns in this dynamic market due to its leading position in unconventionals and innovative technology.
  • Focus on reducing capital spending, developing differentiating technologies, and generating strong cash flow.

Supply Chain Management

Supplier Audits: 100% of potential suppliers undergo risk evaluation; critical suppliers evaluated annually; 1,552 suppliers reviewed for conflict minerals compliance.

Responsible Procurement
  • Requires suppliers to uphold fundamental employee rights; 100% of potential suppliers undergo risk evaluation; due diligence checks on international non-commercial agents; training provided on HSE standards, human rights, and conflict mineral compliance; requires DRC conflict-free materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, DJSI, CDP, IPIECA, UN SDGs, SASB

Certifications: ISO 9001, ISO 14001, OHSAS 18001, API Q2 (38 certified facilities)

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 16

Mapping of material sustainability topics and relevant metrics to the UN SDGs to assess alignment with stakeholder priorities.

Sustainable Products & Innovation

  • EarthStar ultra-deep resistivity service
  • e-cd Plus automated continuous circulation system
  • DataSphere LinX behind-casing monitoring system
  • Enhanced Single-Trip Multizone (ESTMZ) system
  • Illusion Spire dissolvable frac plug
  • BaraOmni hybrid separation system
  • EquiFlow autonomous inflow control device (AICD)

Awards & Recognition

  • Numerous Health and Safety awards from customers
  • Green Star certified by the Alaska Forum
  • Best Innovation Award from Total
  • 2018 World Oil Awards – Best Health, Safety, Environment/Sustainable Development – Offshore (GRIP)
  • 2018 World Oil Award for Best Health, Safety, Environment / Sustainable Development- Onshore (BaraOmni)

Reporting Period: 2023-01 to 2023-03

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Emissions Reduction Target: reduce Scope 1 and Scope 2 emissions by 40% by 2035 from our baseline year of 2018

Social Achievements

  • Provide a diverse and inclusive environment for our employees
  • Target to outperform our sector in HSE performance
  • Progress our Journey To Zero initiatives

Governance Achievements

  • Streamline our risk management
  • Cultivate a sustainable supply chain
  • Maintain qualified and diverse Board of Directors

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed